AXIOS (Dan Primack) - Microsoft dashes game developer dreams
Microsoft for years has been an active acquirer of gaming companies, including small independent ones. But that may be changing. Driving the news: The tech giant on Monday announced a giant restructuring of its Xbox unit, including thousands of job cuts and the divestiture of five gaming studios. - Two of the studios (Ninja Theory and Undead Labs) have undisclosed buyers, while two others (Double Fine and Compulsion Games) will be spun out to their founders. - A process to divest the fifth studio, France's Arkane, is just beginning. What they're saying: "Our business today is not healthy ... We must reset Xbox," group CEO Asha Sharma wrote in a memo. "We have also learned that we are not the best home for every type of studio: In a…